Veterinary practices run something close to a small hospital: theatres, anaesthesia, diagnostic imaging, laboratory equipment and often out-of-hours cover. The capital demands are high and recurring. Credicorp lends to veterinary businesses that are UK limited companies or LLPs, for business purposes.
Why practices borrow
Equipment ages, services expand, and acquiring or merging practices is common in the sector. Each of these needs funding that does not strip the practice of its everyday working capital.
- Buying or replacing surgical, dental or imaging equipment
- Fitting out a new branch or refurbishing existing premises
- Funding a practice acquisition or partner buy-in at company level
- Investing in laboratory or referral-service capability
How we lend
Credicorp Flex gives flexible access to funds for practices with variable cash flow, while Credicorp Slice offers a more structured repayment over your agreed term. Your account team can help you choose.
The borrowing belongs to the company or LLP, and we take no personal guarantees from the vets or directors. Your rate and term are those shown in your offer. Because Credicorp is an exempt business lender outside the consumer-credit regime, the Financial Ombudsman Service and FSCS protection do not apply to this lending.
See also: Funding for private healthcare and clinics, Business lending in Scotland and Funding for architecture and engineering firms.